MSC increases December 2026 FAK rates on Far East–Mediterranean and Black Sea trades
Effective December 1, 2026, MSC will increase its Freight All Kinds (FAK) rates from the Far East to the Mediterranean, North Africa and Black Sea, with rates reaching as high as USD 8,200 per 40-foot container. Rates to Northern Europe will remain unchanged.
CMA CGM Announces New Peak Season Surcharges on Services from Asia to the Mediterranean and Mauritius
CMA CGM will introduce new Peak Season Surcharges (PSS) from November 2026, reaching up to US$1,600 per 40-foot container on services to the Mediterranean and North Africa, alongside revised charges for shipments to Mauritius.
COSCO Shipping Energy Plans 24-Vessel VLCC Fleet Expansion
COSCO Shipping Energy has unveiled a major fleet expansion program comprising 24 Very Large Crude Carriers (VLCCs), split between 10 direct newbuilding orders valued at $1.42 billion and 14 long-term bareboat charters, with deliveries scheduled across 2029–2030.
Evergreen's EVER EON Transits Suez Canal, Marking Return After Nearly Three Years of Disruption
Evergreen's 16,556-TEU container ship EVER EON transited the Suez Canal on November 8, 2026, marking the carrier's return to the key maritime route after nearly three years of disruption caused by the Red Sea crisis.
International Shipping and Logistics Market Update Week 45/2026 | Phaata
The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 45 (from Nov 02 - Nov 08), 2026.
MSC Extends PRS and SCS Coverage to All Mediterranean and Black Sea Ports
MSC will extend the application of its PRS and SCS surcharges to cargo moving from Asia to the remaining ports across the Mediterranean and Black Sea, effective November 15, 2026, based on the proforma sailing date, until further notice.
Hapag-Lloyd Imposes US$400/TEU PSS on Cargo from Asia and Oceania to Tema
Hapag-Lloyd will apply a USD 400/TEU PSS to all container types from Asia and Oceania to Tema for cargo loaded from 6 November 2026.
Kuehne+Nagel Port Operations Update: Vessel Waiting Times in Ningbo and Shanghai Exceed Two Days
Kuehne+Nagel's port operations update for October 27–November 3, 2026, reports vessel waiting times of more than two days in Ningbo and Shanghai following typhoon-related disruptions, while yard utilization at Vung Tau remains elevated at 90–95%.
BIMCO Releases Contract Addendum Establishing Framework for Sharing Costs and Benefits of Fuel-Saving Retrofits
A new BIMCO contract addendum adopted in October 2026 establishes a standardized contractual mechanism enabling shipowners and charterers to equitably apportion capital expenditures and commercial gains arising from energy efficiency retrofits.
TS Lines revamps Asia and Australia service
Feeling bullish about market conditions, Taiwanese intra-Asia shipping specialist TS Lines is increasing capacity on new and existing services.
Air cargo’s COVID-19 arms race
More airlines and logistics firms are fortifying their pharmaceutical handling capabilities and credentials ahead of an expected COVID-19 vaccine release.
IMO website back to normal, while CMA CGM still tries to recover
The International Maritime Organization's (IMO) website has been fully restored since Friday, 2 October, according to IMO's Twitter account, after the cyber attack on Wednesday, 30 September.
ZIM launches new service on East Med & Black Sea region
ZIM has introduced a new service in the East Mediterranean and Black Sea region, named Levant - Black Sea Express (LBX), which is planned to commence on 6 October.
Container lines maxing out capacity to meet US import surge
Executives at three of the largest container lines say most, if not all, their available ships are on the water now, thanks to unexpectedly high demand from US shippers. Despite that, shippers still expect high spot rates, cargo rolls, and tight chassis supply to persist through the fourth quarter.
The IMO becomes the latest high profile shipping name to be hacked
The International Maritime Organization (IMO), a fully fledged United Nations entity, has become the latest high profile shipping victim of a cyber attack.
CMA CGM gets back to work after ransomware attack
CMA CGM has spent the past 24 hours trying to reassure clients that operations are carrying on and the worst effects from its ransomware attack over the past three days are over.
CMA CGM victim of cyberattack
The source of CMA CGM’s network outage Monday was made clear in a message shared on LinkedIn.
Cyberattack downs CMA CGM systems
The CMA CGM Group has confirmed it is currently dealing with a cyber-attack impacting peripheral servers, according to a statement.
ZIM infiltrates Australian market with new service
ZIM is entering the Australian market with a new service connecting China with major ports in Australia.
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